Which of the following is correct?
A) Labor force = number of employed.
B) Labor force = population - number of unemployed.
C) Unemployment Rate = number of unemployed ÷ number of employed + number of unemployed) × 100.
D) Unemployment Rate = number of unemployed ÷ adult population × 100.
Correct Answer:
Verified
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Sample Population ![]()
Sample Population ![]()
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